November 24, 2024
How much SIP should you do each month?
 #Finance

How much SIP should you do each month? #Finance


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24 thoughts on “How much SIP should you do each month? #Finance

  1. Hi Boosan, is it worth to buy LIC jeevan umang policy at age of 28? Annual premium of 2L for 15 years and returns 2L P.A for rest of years. Considering inflation, regular returns is very low, but is it worth considering regular returns + insurance coverage? . Kindly reply

  2. Bro, I'm planning to invest a minimum amount of 5000 per month but I don't know which SIP plan is best. Can you suggest me a best SIP plan. I'm planning it for the long term like 15-20 years. And which platform is preferable to do SIP Grow, Angel one etc. or can you suggest any personal agency to manage SIP?

  3. Bro I have been investing in Kotak nifty 50 index funds direct growth from 2021 November through SIP every month. But intial one year I made 3000₹ SIP then second year 5000₹ and now switched to 10000₹ for the past 6 to 7 months. Total investment is around 2Lakhs 6 thousand. Its almost 3 years now and I have a profit of 39k only. I am in the right track ? Is this how it is expected for jist 3 years ? I am learning more about share market recently buy started it way back before even I knew completely about it. Wanted to really know if I am in the right track and is it really compounding ? Will be have more profit if I hold for 20 years and the market keeps going high ?

  4. Hi. Can u tell about the splitting the monthly investment amount into several part and investing on daily basis. Do you have any comparison results On UTI Nifty 50 mutual fund. Will it be good or bad ?

  5. @finance.boosan sir I am having home loan of about 30 lakh and actual sanctioned was 40 lakh my need is now over with in 30 lakh bank manager asking me to avail full loan and invest and also I am planning to repay emi about 1 lakh per month to close loan asap what would be your suggestion in my case , home loan tenure is 15 years at 8.5 percent interest

    I am also having Mf which gives me currently 25 percent returns can I break it and repay the loan

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